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There are 68,796 results that match your search.68,796 results
  • Ingosstrakh considers London float
    Russian insurer Ingosstrakh is considering an initial public offering (IPO) on the London Stock Exchange, according to reports last Friday (31 March). The move would see Russia's second largest insurer become the country's first publicly traded...
    03 April 2006
  • 2006 catastrophes could restrict reinsurers access to capital
    Further significant catastrophes this year could restrict reinsurers access to the capital markets, according to a report by ratings agency Standard & Poor's (S&P). The report noted that, although earnings had been poor for property & casualty...
    03 April 2006
  • Regulator costing consumers £400mn
    A report by the Association of British Insurers (ABI) has warned that the Financial Services Authority (FSA) is costing UK consumers £400mn a year. Stringent regulations and a sales process that is burdened with too much "irrelevant information"...
    03 April 2006
  • Advent profits blown away
    Specialist Lloyd's insurer Advent announced pre-tax losses of £74.8mn in its full-year results, which were released on 31 March. The company fell from last year's pre-tax profit of £4.5mn after suffering a £79.7mn net hit from hurricanes Katrina...
    03 April 2006
  • SVB shares fall following restructuring plan
    Lloyd's insurer SVB Holdings plc confirmed last week a scheme of arrangement to ring-fence past liabilities, with the creation of a new holding company Novae Group plc, and formation of an FSA-regulated insurer capitalised by proceeds from a £110mn...
    03 April 2006
  • CV Starr begins underwriting at Lloyd's
    The unlikely alliance between industry titans Maurice "Hank" Greenberg and Warren Buffett has led to the former AIG chief executive establishing an aviation underwriting platform in Lloyd's. Redholm Underwriting Agents began underwriting on behalf...
    03 April 2006
  • Rutter joins London market broker
    Keith Rutter has returned to frontline duties in the London market this week by joining Oxygen Insurance Brokers. Rutter, the former head of Independent Insurance’s London market operations, together with his ex-colleague at NCG Professional Risks...
    03 April 2006
  • ARIG approves dividend
    Shareholders of the Arab Insurance Group (ARIG) have approved the resumption of dividend payments at the company's AGM. Profits were up nearly $22mn last year at ARIG, representing a 19.5 percent return on average shareholders'...
    03 April 2006
  • Larry losses could reach AUS$400mn
    Insured losses from Cyclone Larry, which struck northeastern Australia last month, are estimated at between AUS$300mn and AUS$400mn by ratings agency Standard & Poor's (S&P). The agency said that, although Larry had been a major disaster for the...
    03 April 2006
  • Lexington reduces catastrophe exposure
    Lexington Insurance, a property and casualty unit of American International Group (AIG) has announced that it will reduce its coverage of catastrophe-exposed areas by 20-25 percent this year. Florida, the Gulf Coast and California are among the...
    03 April 2006
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